I believe most retail investors and some investors create something similar to a deflation effect where people wait expecting the price to go down. Its reasonable for them to do so given the fact that uncertainity amoung what govermenet will do next to hinder the growth of CSE. However prolonged deflationary situation result in reduced economic activity. That is why always a country should manage an inflation at a positive lower level rather than a deflation. This theroy is usable in many situations across economy which I believe what is happening to most of the shares right now (not entirely, but contributes to it).

I think rubber price can be the reason, bcz rubber prices were raised around 18% QTD and YoY change around 45% in Int'l ground plus overall CSE performing condition. However, historically in last few Qs REXP did pretty well despite of raw material price. I think it may take time but do good reports and dividends...

"Letting your emotions over-ride your plan or system is the biggest cause of failure."

what a example this is being PAT. when some companies NOT performing due to rubber prices dropping, some are performing due to the price dropping. WOW. End of the day, we have chances in selecting stocks either ways.

a possibility to hold above 200 based on the psychological support however, in-case we see more selling in bits and pieces a break down further below 200 would be possible eventually.

weekly price action indicate RED candle.

so wait is the call for long term holders.

anyone entered with a short time frame, should exit below. but bear in mind REXP is a good fundamental stock can bounce back. so my suggestion/advise is to change the strategy to average down at supports.

185 and 175 are levels to accumulate in case they drop further.

these levels are very attractive.

big fishes can manipulate easily to collect lower. so if we can hold, they we should accumalate gradually.

i have posted the levels to accumulate few months back, and you can use the method by using FIB tool.

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a possibility to hold above 200 based on the psychological support however, in-case we see more selling in bits and pieces a break down further below 200 would be possible eventually.

weekly price action indicate RED candle.

so wait is the call for long term holders.

anyone entered with a short time frame, should exit below. but bear in mind REXP is a good fundamental stock can bounce back. so my suggestion/advise is to change the strategy to average down at supports.

185 and 175 are levels to accumulate in case they drop further.

these levels are very attractive.

big fishes can manipulate easily to collect lower. so if we can hold, they we should accumalate gradually.

i have posted the levels to accumulate few months back, and you can use the method by using FIB tool.

Thanks Shark

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